Procedure where minor entitled to immediate payment or possession of bequest, and no direction to pay to person on his behalf

Procedure where minor entitled to immediate payment or possession of bequest, and no direction to pay to person on his behalf. Where a minor is entitled to immediate payment or possession of a bequest, and no direction to pay to the person on his behalf is contained in the will, the executor or administrator shall petition the Court of the District Judge by which probate was, or letters of administration with the will annexed were, granted, to pay the legacy into that Court of the District Judge, to the account of the legatee, and such payment shall be a sufficient discharge for the money paid; and such money, when paid in, shall be invested in the purchase of Government securities, which, with the interest thereon, shall be transferred or paid to the person entitled thereto, or otherwise applied for his benefit, as the Judge may direct.